Common use of Cash Surrender Value Clause in Contracts

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Cash Surrender Value. The Cash Surrender Value is the Accumulated Account Value less any Surrender Chargeapplicable surrender charge that would be deducted upon surrender.

Appears in 2 contracts

Samples: Joint & Last Survivor Flexible Premium Variable Life Insurance Policy (Variable Account Ii Aig Life Insurance Co), Joint & Last Survivor Flexible Premium Variable Life Insurance Policy (Variable Account Ii Aig Life Insurance Co)

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